Ruh roh: Like Allen West, Mayor Bloomberg is seeing Communism, but in the living wage bill

Just as Allen West sees Communists in every nook and corner of Congress, as long as it’s a Democrat he’s targeting, Mayor Michael Bloomberg (NY-I) sees communism in City Council Speaker Christine Quinn’s living wage bill.

Bloomberg has promised to veto the bill and if necessary initiate a lawsuit

“If you think about it, the last time we really had a big, managed economy was the U.S.S.R. and that didn’t work out so well,” Mr. Bloomberg said. “You cannot stop the tides from coming in. We need jobs in this city. It would be great if all jobs in the city paid a lot of money and had great benefits for the workers, not good for the employers, but if you force that, you will just drive businesses out of the city.”

But, while dismissing the bill with promises of a veto, Mr. Bloomberg said he hasn’t seen the bill yet and disregards Quinn’s incentive as her imagination.

The average cost for renting an apartment in Manhattan with no doorman, no frills whatsoever; just a space is:

Studios $2,187

One-bedrooms $2,935

Two-bedrooms $4,208

One of Bloomberg’s homes (in South Hampton): $22,500 million. Bloomberg’s South Hampton residence is not his primary home.

“I will veto any bill. And if the veto is overridden–and there’s enough people that signed up on this bill I’m told so that they would be able to assuming everybody stayed in line, veto the bill–we certainly would go to court and sue,” Mr. Bloomberg said. “Whether we win or not, you never know.”

Of course, the billionaire mayor of New York City shouldn’t have to live in a studio, so don’t mistake this comparison – but as he proves time and time again, he cannot relate to the hardships of the middle class.

As if I needed another reason to dislike Mayor Bloomberg, he’s given me yet another.

Let the businesses go and replace them with worker owned ones in their place. Gee, Bloomberg, maybe if you took less there would be more for everyone else. If these low wages are enough to exist on, then you don’t need all those millions.

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TroubleCominEveryday

Let the businesses go and replace them with worker owned ones in their place. Gee, Bloomberg, maybe if you took less there would be more for everyone else. If these low wages are enough to exist on, then you don’t need all those millions.

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@Telemachus_1 mŷ best friend’s ṡiṡter brought in $14392 past month. She iṡ getting paid on the computer and got a $546OOO home. All she did was get lucky and make use of the inṡtructions shown on this webṡite..MakeCash2.com

Telemachus_1

Bloomberg is correct when arguing from his position as mayor.

The only way to prevent companies from leaving would require a national minimum wage increase.

A better plan is to advocate a national minimum income.

nerys

We make PLENTY of money. minimum wages DO NOT WORK for the most part. the problem is two fold. USURY (in our banking system) and TAX BURDEN.

There is no direct link between taxation and viability/prosperity in our tax system because we tax people “directly” even the vast majority who make no income.

the lower 50% of the entire population makes less than $40,000 a year and pays over 50% of their earnings in taxation yet they for the most part have ZERO income.

What needs to happen is we need to outlaw the “direct” taxation of the individual person. the taxes need to ALL be “indirect”

Here is my solution.
NO WAGE TAXES. wages are not income and should not be subject to income taxes.
NO PROPERTY OR SCHOOL TAXES on individual homes. ie non commercial living spaces.
INTEREST RATES capped at 10% actual (no more APR’s for loans funded via fractional reserve banking or secured with property)
NO SALES taxes or any taxes on “essentials of life” (food medicine basics supplies (glasses toothbrushes) and BASIC clothing. (the exception to this is tariff’s)

now they can only tax “luxuries” which I can avoid buying. Now they can only tax commercial entities which creates a HARD CEILING on how much they can tax since if you tax a business too much it goes OUT of business and you get nothing.

the purpose of taxing companies is not to avoid taxing people. companies do not pay taxes. YOU DO when you buy their stuff.

the only people who pay ANY taxes are those who can not pass the tax onto someone else as a “cost” Period. (the ACTUAL total tax burden for those making under $40k a year or 50% of the country is estimated to be around 74% of total earnings when you add in indirect taxation)

What it DOES do is create a DIRECT link between “tax capacity” and “health of the economy”

when we do better they get more taxes. When we do worse they get less and MUST therefore DO LESS or “WORK” to fix it. Now the Governments MUST work within their means and purge greed because they will have lost their “infinite” capacity to rape us that they now enjoy.

When times are tough people can “cut back” and goto into survival mode without fear of their homes being taken from them via taxes or usury.

they (government, banks) would actually have to EARN their income instead of simply decree’ing we pay it or else.

I have a simple phrase to describe our current system. When times are tough and you have to cut back the process is pretty simple.

When you screw up they take your home.

When THEY screw up they take your home.

does anyone not see the problem here?

Telemachus_1

I would suggest you read about Modern Monetary Theory. The function of taxes is not to raise revenue, but to control the inflationary effects of money creation.

nerys

Idon’t care what its purpose it. STEALING 70+ % of my earnings is wrong no matter which way you spin it.

Telemachus_1

I would suggest you read about Modern Monetary Theory. The function of taxes is not to raise revenue, but to control the inflationary effects of money creation.

ShaneS

You really thing that businesses are going to leave MANHATTAN?!Knocking down the towers couldn’t force businesses out long term, and you think that a minimum wage hike will? What drugs are you on, and why aren’t you sharing!

Telemachus_1

Shane, you obviously don’t know anything about New York City. Manhattan is irrelevant.

ShaneS

You really thing that businesses are going to leave MANHATTAN?!Knocking down the towers couldn’t force businesses out long term, and you think that a minimum wage hike will? What drugs are you on, and why aren’t you sharing!

Telemachus_1

Shane, you obviously don’t know anything about New York City. Manhattan is irrelevant.

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